A nice opportunity to buy GOLD, gold is reaching a critical support area of the long term channel, which is currently being rejected with a long wick on the make.
A good buy around 1735.
ps. this analysis fails if price breaks the channel and closes below its support line.
A good buy around 1735.
ps. this analysis fails if price breaks the channel and closes below its support line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.